Enjoy a High ROI with Solar Power

5 Ways You Get Returns

If you’ve considered going solar, you probably have this question in mind: How much am I going to save? Solar technology is known to generate between 10% and 30% as an annual return. The average customer can earn the highest ROI through solar power by receiving free electricity throughout their solar system’s lifespan of over 25 years. There are several ways to regain the initial investment:

Electricity Savings: Since you’ll use the electricity your panels generate, you’ll reduce your dependency on your local electricity grid—thus, lowering your bills. The more energy you use, the more you’ll save with solar. A negative electricity bill may become a monthly reality.

Financial Incentives: There are numerous tax programs and rebates that encourage the use of clean energy. For instance, the state of Washington offers a $0.18kW based production rebate along with a 30% federal tax credit. Combining federal, state, and county specific incentives can increase your savings dramatically! It eventually leads to lower upfront costs and a shorter payback period.

SREC Markets: Solar renewable energy certificates (SRECs) can provide sizable income to system owners that live in areas with SREC markets. One SREC is earned for every 1000 kWhs produced through solar technology. An average PV system could generate around two to six SRECs per year. These certificates can be sold to utility companies and can be worth as much as $300 each.

Green Credentials: Several surveys have shown that consumers of this generation prefer brands and companies with a ‘green reputation.’ Apparently, most millennials would be willing to pay extra for sustainable practices. This means that businesses who switch to solar could attract more customers and increase their sales.

Property Characteristics: How sunny is it where you are? The amount of sun your property recieves will effect your output level.

High Property Resale Value: Multiple studies have revealed that installing solar panels can increase property value. According to the National Renewable Energy Laboratory, every $1 saved in electricity from your solar system adds $20 to your home’s total value. Of course, it may vary depending on the location of the home and size of installation.

The ROI from solar panel installation may be different from the returns earned through stocks and bonds. However, solar power offers superior financial benefits that make it an essential inclusion in your overall investment portfolio. At Offset Solar, we can help you maximize your annual gains! Sign up for our Free Sun Analysis and get a true cost quote for your home.

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote for your home.

LEARN ABOUT SOLAR


Eliminate Electric Bills
Earn Great Returns
Avoid Utility Inflation
Increased Home Equity
US Energy Independence
Create Jobs
Protect the Environment

    Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.

    Early studies focused on established solar markets such as California found that home values increase by four percent or more when homes are equipped with solar panels.

    Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.

    Early studies focused on established solar markets such as California found that home values increase by four percent or more when homes are equipped with solar panels. For a standard 6-kilowatt solar PV system, this means that solar can add $24,000 to your home's resale value.

    Many of the same factors that drive your overall financial returns also drive increases in property values. Not surprisingly, the largest increases are in areas where electricity rates are high and strong solar incentive programs exist. All of this is great news for property owners with solar PV systems: they not only recoup the initial cost of their systems when they sell, but also receive a premium that will increase their returns on their investment.

    Recognizing that solar power systems add value to a property, the real estate industry is working to create more sophisticated methods for accurately determining the market value of solar, as well as the financial value of properties equipped with solar power systems.

Can your property value increase if you lease your solar panels?

    Installing solar panels on your home can increase its value, but only if you own the system. Most studies about solar and home values focus exclusively on owned solar energy systems.

Enjoy a High ROI with Solar Power

5 Ways You Get Returns

If you’ve considered going solar, you probably have this question in mind: How much am I going to save? Solar technology is known to generate between 10% and 30% as an annual return. The average customer can earn the highest ROI through solar power by receiving free electricity throughout their solar system’s lifespan of over 25 years. There are several ways to regain the initial investment:

Electricity Savings: Since you’ll use the electricity your panels generate, you’ll reduce your dependency on your local electricity grid—thus, lowering your bills. The more energy you use, the more you’ll save with solar. A negative electricity bill may become a monthly reality.

Financial Incentives: There are numerous tax programs and rebates that encourage the use of clean energy. For instance, the state of Washington offers a $0.18kW based production rebate along with a 30% federal tax credit. Combining federal, state, and county specific incentives can increase your savings dramatically! It eventually leads to lower upfront costs and a shorter payback period.

SREC Markets: Solar renewable energy certificates (SRECs) can provide sizable income to system owners that live in areas with SREC markets. One SREC is earned for every 1000 kWhs produced through solar technology. An average PV system could generate around two to six SRECs per year. These certificates can be sold to utility companies and can be worth as much as $300 each.

Green Credentials: Several surveys have shown that consumers of this generation prefer brands and companies with a ‘green reputation.’ Apparently, most millennials would be willing to pay extra for sustainable practices. This means that businesses who switch to solar could attract more customers and increase their sales.

Property Characteristics: How sunny is it where you are? The amount of sun your property recieves will effect your output level.

High Property Resale Value: Multiple studies have revealed that installing solar panels can increase property value. According to the National Renewable Energy Laboratory, every $1 saved in electricity from your solar system adds $20 to your home’s total value. Of course, it may vary depending on the location of the home and size of installation.

The ROI from solar panel installation may be different from the returns earned through stocks and bonds. However, solar power offers superior financial benefits that make it an essential inclusion in your overall investment portfolio. At Offset Solar, we can help you maximize your annual gains! Sign up for our Free Sun Analysis and get a true cost quote for your home.

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote for your home.

LEARN ABOUT SOLAR


Eliminate Electric Bills
Earn Great Returns
Avoid Utility Inflation
Increased Home Equity
US Energy Independence
Create Jobs
Protect the Environment

    Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.

    Early studies focused on established solar markets such as California found that home values increase by four percent or more when homes are equipped with solar panels.

     

In many ways, your solar power system is a financial product-- one that is capable of generating annual returns ranging anywhere from 10 percent to more than 30 percent. The average Offset Solar customer pays off their solar purchase in just seven to eight years and earns a strong solar ROI, receiving free electricity for the remainder of their solar panel system's 25+ year lifespan.

You can calculate your annual returns by dividing the financial benefits you receive each year by your initial investment in your solar power system. Many factors can impact your solar panel ROI, including:

Electricity Rates: How high are your current electric bills? This determines your savings over the life of your system. The higher your rates, the more you can save with solar.

Financial Incentives: Are there local or state tax programs or rebates in your area that encourage solar adoption? Are you a business or other organization that can take advantage of depreciation tax benefits, including accelerated depreciation? Higher incentives mean lower upfront costs and a shorter payback period.

Solar Renewable Energy Certificates (SRECs): Does your state or utility have a market where you can sell the SRECs associated with your solar energy system's electricity? What kind of income can you earn by selling these SRECs? New income from SRECs will help you break even on your solar investment more quickly.

Cost: Did you compare your options to find the right price? Were you able to take advantage of rebates and tax incentives that offset the cost of your installation? Lower costs mean a shorter payback period.

Technology: How efficient is your system, i.e. is it producing electricity at optimal levels? A more efficient system will offset a greater percentage of your monthly electric bill.

Property Characteristics: How sunny is it where you are? All of these factors can affect your production levels.

Property Value Increases: How much does the value of your property increase when you install a solar panel system? Solar panel system ownership tends to increase your property resale value, while third party ownership (e.g. leasing) does not.

   

Enjoy a High ROI with Solar Power

Hand holding money icon

If you’ve considered going solar, you probably have this question in mind: How much am I going to save? Solar technology is known to generate between 10% and 30% as an annual return. The average customer can earn the highest ROI through solar power by receiving free electricity throughout their solar system’s lifespan of over 25 years. There are several ways to regain the initial investment:

 

Electricity Savings: Since you’ll use the electricity your panels generate, you’ll reduce your dependency on your local electricity grid—thus, lowering your bills. The more energy you use, the more you’ll save with solar. A negative electricity bill may become a monthly reality.

Financial Incentives: There are numerous tax programs and rebates that encourage the use of clean energy. For instance, the state of Washington offers a $0.18kW based production rebate along with a 30% federal tax credit. Combining federal, state, and county specific incentives can increase your savings dramatically! It eventually leads to lower upfront costs and a shorter payback period.


SREC Markets: Solar renewable energy certificates (SRECs) can provide sizable income to system owners that live in areas with SREC markets. One SREC is earned for every 1000 kWhs produced through solar technology. An average PV system could generate around two to six SRECs per year. These certificates can be sold to utility companies and can be worth as much as $300 each.

Green Credentials: Several surveys have shown that consumers of this generation prefer brands and companies with a ‘green reputation.’ Apparently, most millennials would be willing to pay extra for sustainable practices. This means that businesses who switch to solar could attract more customers and increase their sales.

Property Characteristics: How sunny is it where you are? The amount of sun your property recieves will effect your output level.

High Property Resale Value: Multiple studies have revealed that installing solar panels can increase property value. According to the National Renewable Energy Laboratory, every $1 saved in electricity from your solar system adds $20 to your home’s total value. Of course, it may vary depending on the location of the home and size of installation.

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote.


Interested in a Free Sun Analysis?  
Request a sun analysis to get a true cost quote for your home.      


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